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SHORT-TERM AND LONG-TERM DEBT (Tables)

9 Months Ended

Sep. 30, 2024

Debt Disclosure [Abstract]

Schedule of Short-term and Long-term Debt

The following table sets forth the Company’s total consolidated borrowings. Short-term and long-term debt consists of the following:

			September 30,						December 31,
			2024						2023
			(in millions)
Short-term debt:
AB commercial paper			$	—					$	254
Total short-term debt			—						254
Long-term debt:
Senior Debenture, (7.00%, due 2028)			250						349
Senior Note (4.35% due 2028)			1,494						1,493
Senior Note (4.572% due 2029)			301						—
Senior Note (5.594% due 2033)			497						497
Senior Note (5.00% due 2048)			1,289						1,481
Total long-term debt			3,831						3,820
Total borrowings			$	3,831					$	4,074

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- Definition

Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation.

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